UK-listed 24/7 Gaming Group has initiated the liquidation of its Wannagaming mobile casino and Playlogic publishing operations, as part of a restructuring process in preparation for the company’s anticipated reverse takeover with an unnamed binary options provider.
24/7 Gaming said Thursday that it is progressing with the acquisition process, previously announced in September, which is likely to constitute a reverse takeover under Rule 14 of the AIM Rules.
The potential transaction involves the acquisition of a [...]